United Nations Development Programme (UNDP)
tendersglobal.net
JOB DESCRIPTION
Post of duty: Remote Local
The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
The Cash Management and Settlement group (TRY/CMS) within the Treasury Division of The Finance Department, is looking for a dedicated, energetic, and team-oriented treasury professional to join the team to support, coordinate, manage, monitor and execute the daily operational activities related to Treasury Operations, Back office and Cash Management.
About this position
TRY/CMS coordinates, manages, monitors and executes the daily operational activities related Cash Management and Treasury Operations of the Bank ensuring the timely and accurate forecasting, clearance, confirmation, and settlement of the Bank’s financial transactions; At the same time, CMS manages the Bank’s liquidity to secure that its’ obligations are met and fulfilled. In addition, CMS collaborates with internal and external partners to shape solutions and process improvements for initiatives that contribute to optimization of the Bank’s financial resources and establish that operations and activities are consistent with market standards and norms
What you’ll do:
- Support the day-to-day back-office clearance, confirmation and settlement tasks related to Securities and Non-Security transactions for Investment and Funding activities. Perform facets of pre-execution and post-execution for derivatives, repo, money market, time deposits, sweep accounts, FX, futures, and options.
- Review, verify and monitor the payment transactions and files to correspondent banks.
- Derives solutions to problems in functional area by applying standard quantitative methods and techniques.
- Coordinate, monitor and resolve Security, Derivative and Money Market Pre-Trade/Post-Trade discrepancies.
- Oversee and perform post-settlement investigations and dispute resolution with Internal and External Clients.
- Maintain and support the management of an institutional network of internal clients and external banking relations necessary for the efficient management of the Bank’s financial resources.
- Demonstrate working knowledge of Fixed Income, Derivative and Cash terminology, concepts, and financial calculations with the ability to determine and analyzing variables affirming results.
- Participate in the implementation of new systems standards and new financial products.
What you’ll need
- Education: Master’s Degree with a concentration in Finance, Business Administration, Business Administration, Accounting, or related field. A candidate that has successfully completed the CFA Level I and/or the Certified Treasury Professional (CTP) certification is desirable.
- Experience: Minimum of 5 years related experience with multi-currency, Capital Markets, Fixed Income Securities and Derivatives treasury operations experience. Experience with international markets, foreign exchange market, capital markets software, and international clearing systems preferred.
- Languages: Fluency in English. Spanish and Portuguese are desirable
- Experience with Capital Markets, Fixed Income Securities, Derivatives, investment instruments and securities. Additionally, experience with international payment and transaction flows, banking, financial and accounting analysis, reporting and reconciliations.
- Outstanding interpersonal and communications skills with excellent command of Spanish and English, orally and in writing.
- Demonstrated ability to listen to others, correctly interpret messages, and respond appropriately.
- Ability to work under pressure and prioritize to meet tight deadlines, helping multiple clients.
- Ability to analyze data and use good judgment to devise effective solutions.
- Works cooperatively with others independent of background (e.g., gender, ethnic origin, religion, disability, sexual orientation, background, perspective) or organizational role, and takes a team-based and inclusive approach to projects and decision making.
- Understanding of Operational and Risk Controls
- Ability to actively develop and share knowledge within and outside own business area.
- Ability to effectively work as part of a team and collaborate with others toward results.
- Creativity, initiative, and drive; interest in working on a small, supportive team where you can work independently and see your ideas and projects realized.
- Develops imaginative ideas and solutions through creativity, experimentation, and critical thinking.
- Ability to Understand stakeholder relationships ad partners with stakeholders to resolve issues and challenges. Collaborates effectively with stakeholders and demonstrates commitment to servicing stakeholder needs.
Requirements:
- Citizenship: You must be a citizen of one of our 48-member countries, and a citizen or permanent resident of a country where the IDB has a Country Office
- Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.
- Remote Modality: The selected candidate will not provide services from the Bank’s office and will not be provided a physical space on the premises of the Bank’s Country Office. The candidate selected will be responsible for setting up the space, and for having the equipment, internet, and phone accesses to accomplish these TORs, outside the Bank’s office. Access to the Bank’s systems will be arranged in coordination with the Bank.
Type of contract and duration:
- Type of contract: National Consultant Full-Time. (Local Remote Modality), monthly.
- Length of contract: 12 months.
- Work Location: Services shall be provided remotely from Colombia
What we offer
The IDB group provides benefits that respond to the different needs and moments of an employee’s life. These benefits include:
- A competitive compensation package.
- Leave and vacations: 2 days per month of contract + gender-neutral parental leave.
- Health Insurance the IDB Group provides a monthly allowance for the purchase of health insurance.
- Savings plan: The IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
- Hybrid and flexible work schedules.
- Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for all employees.
- Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.
Our culture
At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.
Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at [email protected] to request reasonable accommodation to complete this application.
Our Human Resources Team reviews carefully every application.
About the IDB Group
The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean.
About IDB
We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries working to reduce poverty and inequality, we help improve health and education and advance infrastructure. Our aim is to achieve development in a sustainable, climate-friendly way. With a history dating back to 1959, today we are the leading source of development financing for Latin America and the Caribbean. We provide loans, grants, and technical assistance; and we conduct extensive research. We maintain a strong commitment to achieving measurable results and the highest standards of integrity, transparency, and accountability.
Follow us:
https://www.linkedin.com/company/inter-american-development-bank/
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